Episode 3 of It: Welcome to Derry, titled Now You See It, was released on November 9, 2025, continuing HBO Max’s weekly schedule for the eight-episode first season, which concludes on December 14, 2025.
This episode intricately links Stephen King’s multiverse, featuring major character crossovers and expanding the cosmic mythology surrounding Pennywise. It bridges the 1962 prequel timeline with the 2017 and 2019 It films.
A new subplot reveals General Shaw’s Operation Precept, the military's attempt to weaponize Pennywise during the Cold War. This introduces government awareness of the entity decades before the Losers Club confronts it.
The show operates on Stephen King’s established 27-year cycle, where Pennywise awakens, feeds, and returns to dormancy. — Radio Times
Author's summary: Episode 3 deepens the connection between Stephen King's multiverse and the It saga, highlighting key events that expand the story’s mythos and link past and present encounters with Pennywise.